Dec 23, 2024 · Here are nine orthopedic and spine related fraud settlements from 2024 to know: 1. Devicemaker Medtronic entered into a settlement with Dan Abrams Co. in a yearslong spine device fraud lawsuit. The initial lawsuit was filed in 2015 by the Dan Abrams Co., which alleged that Medtronic represented certain spine devices that could only be used in the cervical spine as being applicable to the ...

Beckers Orthopedic & Spine Review is a leading resource offering news and analysis on business and legal issues relating to orthopedic and spine practices.

Dec 20, 2024 · Syracuse (N.Y.) Orthopedic Specialists plans to lay off 66 employees effective March 29, according to an email shared with Becker's. The positions being eliminated are within the coding, billing and authorizations department, according to a spokesperson with the practice. "In response to the evolving healthcare landscape, SOS has made the difficult decision to reduce our workforce to ...

Dec 13, 2024 · Similar to 2024, next year will pose challenges to the spine industry, especially when it comes to payer relations. There are also new opportunities for the specialty to develop new technologies. Five surgeons discuss what's ahead. Note: Responses were lightly edited for clarity. Question: What are you expecting from the spine field in 2025? What does a successful year look like for your ...

Nov 19, 2024 · Stryker's spine robot has been in development for years, and its launch is expected in the near future. Here's what we know so far: 1. In 2022 Stryker CEO Kevin Lobo said in a third quarter earnings call that the company began developing Mako Spine, along with Mako Shoulder. 2. Mako Spine has had an evolving launch window. While leaders have expected a 2024 launch for a while, that window has ...

Dec 20, 2024 · Kingsley Chin, MD, had money laundering charges against him dismissed by a Massachusetts federal judge, according to a Dec. 20 news release.

Dec 5, 2024 · The largest orthopedic practices in the U.S. have a total of 500 locations across the U.S. Here are the number of locations for each of the largest orthopedic practices: Proliance Surgeons: 110 Illinois Bone & Joint Institute: 100+ The Centers for Advanced Orthopaedics: 62 EmergeOrtho: 77 Twin Cities Orthopedics: 39 OrthoLoneStar: 38 Rothman Orthopaedic Institute: 35+ OrthoVirginia: 35 ...

Dec 12, 2024 · Spine and orthopedic companies made strides with new robots in 2024. Rosa Shoulder (Zimmer Biomet): Rosa Shoulder earned FDA approval in February and was debuted by John Sperling, MD, of Rochester, Minn.-based Mayo Clinic. The robot leverages ZBEdge Dynamic Intelligence technology and is designed to assist with anatomic and reverse techniques. It also integrates with the Signature ONE 2.0 ...

Dec 13, 2024 · Here are 30 notable spine devices that have earned clearance from the FDA since the beginning of 2024: Note: This is not an exhaustive list of all systems earning clearance in 2024. 1. Carlsmed earned FDA clearance for aprevo cervical anterior cervical discectomy and fusion interbody system. Carlsmed's aprevo technology previously earned FDA Breakthrough Device designation. Aprevo spinal ...

Nov 15, 2024 · Three major investors in Smith+Nephew have encouraged the company to consider breaking up parts of its business and spinning off its orthopedics division, according to a Nov. 15 report from Mass Device. The shareholders, who are among the company's top 20 investors, believe the company should divest its orthopedics unit if it fails to show significant improvement. They suggested that a private ...